Salvage crew finds $1 million treasure

RadishRose

RadishRose

SF VIP
Location
Connecticut, USA

on 300-year-old shipwreck VERO BEACH, Fla. (WPTV) - Over $1 million worth of silver and gold coins have been recovered from the remains of a Spanish fleet that sank off the Florida coast 310 years ago.​


The shipwreck happened due to a hurricane on July 31, 1715, while the Treasure Fleet was transporting New World riches back to Spain. An estimated $400 million worth of gold, silver and jewels were lost in the disaster, which has been marked as one of the greatest maritime tragedies of the Americas.

Salvage crew finds $1 million treasure on 300-year-old shipwreck
Copyright 2025 WPTV via CNN Newsource
 

I read somewhere a few years ago, that any treasure found
from these Spanish Galleons, is hotly disputed in the courts,
by several parties, the country that it was stolen from, the
country where it was heading for, plus the owner of the ship's
descendants.

I wondered at the time about the legality, of the Spaniards
and the shippers, position in all of this, I thought that the
only rightful claimant would be the country whom it was stolen
from, if they can prove ownership, no photographs in those
far away times.

Mike.
 
PeppermintPatty said:
Wow. What a find. The coins are far from round and flat. I wonder if they will polish them up with soaking them in vinegar . I’d love to see them all polished and shiny.
Click to expand...
Sometimes when the old coins are altered, including cleaning them can alter their value. If you’ve ever been to a coin shop and looked at the old coins through the glass case, you would notice they were never cleaned. If a person cleans a coin with an abrasive cleaner, like a scouring powder, it can remove some of the metal, which also decreases the value.

When I was in my teens, I started collecting, but then my momentum for collecting soon went away. I did, however, have a few really nice and rare coins, including an 1800’s, 80 Rubles Russian coin I found in change at the gas station where I worked. It was mistakenly taken as a 50 cent piece, so I replace it for the coin at the owner’s approval. It’s worth a lot more than 50 cents.
 
911 said:
Sometimes when the old coins are altered, including cleaning them can alter their value. If you’ve ever been to a coin shop and looked at the old coins through the glass case, you would notice they were never cleaned. If a person cleans a coin with an abrasive cleaner, like a scouring powder, it can remove some of the metal, which also decreases the value.

When I was in my teens, I started collecting, but then my momentum for collecting soon went away. I did, however, have a few really nice and rare coins, including an 1800’s, 80 Rubles Russian coin I found in change at the gas station where I worked. It was mistakenly taken as a 50 cent piece, so I replace it for the coin at the owner’s approval. It’s worth a lot more than 50 cents.
Click to expand...
I ‘did’ wonder about that. Thanks for that info.
I’ve never collected coins before . The closest I’ve come to collecting coins is having a jar for spare change. IMG_0778.jpeg
 
Shipwrecks: Who owns the treasure hidden under the sea?

Shipwrecks: Who owns the treasure hidden under the sea?​

3 June 2018

AI Overview


There isn't a single owner of buried treasure; ownership depends on local laws, land ownership, and circumstances, with different legal doctrines (like the
Treasure Trove Doctrine) and international maritime laws determining who keeps the find, which is often a complicated legal matter with no universal answer. The original owner, the finder, or the landowner might claim ownership, while governments may also assert rights, especially with underwater cultural heritage.
 
You must log in or register to reply here.

Back
Top